Globe Chamber of Commerce and
Industry (GCCI) is inviting all well-meaning business men and women, product manufacturers,
business organizations, investors, service providers and exporters to pitch
their products and Services in her forthcoming World Economic and Investment
Forum (WEIFORUM) Conference scheduled to be held from the 15th to 18th
of September 2023, in Tallinn, Estonia.
The WEIFORUM & Conference is an
offshoot of Globe Expo and Exposition Fair powered by Globe Chamber of Commerce
and industry (GCCI) that will provide participating countries, individuals, exporters
and business minds with an ideal platform to take their brands, goods, products
and services to a global business audience.
According to a speech by
the president of GCCI, Hon. Buchi George in an interview with Fow Media, Trade
has been a key driver of growth in countries that have been successful in
achieving high rates of growth over the past three decades, such as those in Asia.
Adding that if developing countries are to accelerate their growth (economic
growth), trade will have to perform the same role as that of the Asia
world. Designing policies that promote
trade and trade competitiveness must therefore be at the heart of
growth strategies for developing countries.
Using Africa As A Case Study
The GCCI President said, It
is relevant to ask whether there are special features in Africa that would help
explain the massive poverty and inequality that engulfed the continent.
“Weak initial conditions
(such as weak institutions, human capital and extractive colonial history and
its attendant institution) at the time of independence; the dependence of
almost all African countries on primary commodity production and trade; lack of
non-aid financial capital flows and the alarming level of aid-dependency; lack
of ownership of policies which are invariably imposed on Africa by donors;
prevalence of conflict and poor governance are some of the issues where
possible explanations for this sever lack of progress and pervasive poverty
might be found”, He explained further.
“Many countries, especially
those in Asia, removed themselves from such massive poverty, among other
things, by designing and implementing a system that promote local goods,
products and services”. He align the argument.
“This WEIFORUM & Conference is deliberately designed and compacted with features to tackle and address such economic and business abnormalities, help to tackle the challenges of business development in developing countries more especially, in Africa and give their goods, products and services a voice in the global business community”. He concluded.
“The weiforum & conference
is a muti-sectoral business program designed for the plural society, that’s why
we are inviting all-well-meaning business people to seize this opportunity to
promote, grow and connect their business to global business audience”, he
concluded.
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